Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 1.7 % over the past five years, to reach an estimated $1.2bn in 2024.
Trends and Insights
The industry is on the mend after unprecedented pandemic-induced woes
- Industry revenue collapsed following the COVID-19 outbreak, largely because New Zealand's international border was closed from March 2020 to July 2022. Both inbound and outbound tourism nosedived due to these government restrictions.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Improving downstream demand will fuel an industrywide recovery
- Global tourist traffic is set to return to pre-pandemic levels in the coming years. This will ensure an improvement in downstream demand conditions, driving an increase in industrywide revenue and profitability over the next five years.
Biggest companies in the Travel Agency and Tour Arrangement Services in New Zealand
| Company | Market Share (%)
2025 | Revenue ($m)
2025 |
|---|---|---|
Flight Centre NZ | 162.3 | |
House of Travel Holdings Limited | 54.5 | |
Expedia New Zealand Limited | 51.1 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Leisure travel arrangement services, Corporate and government travel arrangement services and Inbound tour arrangement services. Leisure travel arrangement services is the largest segment of the Travel Agency and Tour Arrangement Services in New Zealand.
Trends and Insights
Travel agencies have capitalised on post-pandemic demand for travel
- Travel agencies provide tourists with leisure travel arrangements services. Most of these services are provided for local consumers travelling internationally.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Industry players primarily assist individual customers and businesses with booking travel, which typically includes accommodation, transport and tour services. The industry also includes tour wholesalers and operators, and both online and bricks-and-mortar travel agencies.
What's included in this industry?
Leisure travel arrangement servicesCorporate and government travel arrangement servicesInbound tour arrangement servicesTravel consolidating servicesCompanies
Flight Centre NZHouse of Travel Holdings LimitedExpedia New Zealand LimitedPurchase this report to view all 5 major companies in this industry.
Related Terms
TRAVEL SERVICE PROVIDERSTOTAL TRANSACTION VALUETRAVEL CONSOLIDATORSIndustry Code
ANZSIC 7220 - Travel Agency and Tour Arrangement Services in New Zealand
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Travel arrangement providers are on the mend after New Zealand’s international border reopened. Downstream demand collapsed following the COVID-19 outbreak as international b...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Pandemic restrictions have been fully lifted worldwide. The travel mix has slowly returned to pre-pandemic patterns, which has allowed demand for travel packages to rebound.
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Travel agents tend to concentrate in population centres, which means that most travel agencies are based in Auckland, Wellington and Christchurch. Major cities give greater a...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Customers are increasingly attracted to travel aggregator websites. These substitutes services offer a price-competitive alternative to travel agents as they don’t come with ...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Major travel agents like Flight Centre and Helloworld have shifted their business model, moving away from bricks-and-mortar retail networks and increasing their online presenc...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Flight Centre NZ's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of House of Travel Holdings Limited's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Expedia New Zealand Limited's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for Flight Centre NZ, and factors influencing its performance in the industry
- Description and key data for House of Travel Holdings Limited, and factors influencing its performance in the industry
- Description and key data for Expedia New Zealand Limited, and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
International travel by New Zealanders has been soaring since New Zealand’s international border was reopened in 2022-23. Travel agents generate revenue from organising outbo...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profitability collapsed when New Zealand’s international border closed. Tourists have gradually returned to New Zealand, reviving the industry’s revenue and profitability.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Travel Agency and Tour Arrangement Services industry in New Zealand in 2024?
The market size of the Travel Agency and Tour Arrangement Services industry in New Zealand is $1.2bn in 2024.
How many businesses are there in the Travel Agency and Tour Arrangement Services in New Zealand industry in 2024?
There are 2,120 businesses in the Travel Agency and Tour Arrangement Services industry in New Zealand, which has declined at a CAGR of 2.1 % between 2019 and 2024.
Has the Travel Agency and Tour Arrangement Services industry in New Zealand grown or declined over the past 5 years?
The market size of the Travel Agency and Tour Arrangement Services industry in New Zealand has been declining at a CAGR of 1.7 % between 2019 and 2024.
What is the forecast growth of the Travel Agency and Tour Arrangement Services industry in New Zealand over the next 5 years?
Over the next five years, the Travel Agency and Tour Arrangement Services industry in New Zealand is expected to grow.
What are the biggest companies in the Travel Agency and Tour Arrangement Services market in New Zealand?
The biggest companies operating in the Travel Agency and Tour Arrangement Services market in New Zealand are Flight Centre NZ, House of Travel Holdings Limited and Expedia New Zealand Limited
What does the Travel Agency and Tour Arrangement Services in New Zealand include?
Leisure travel arrangement services and Corporate and government travel arrangement services are part of the Travel Agency and Tour Arrangement Services industry.
Which companies have the highest market share in the Travel Agency and Tour Arrangement Services in New Zealand?
The company holding the most market share in New Zealand is Flight Centre NZ.
How competitive is the Travel Agency and Tour Arrangement Services industry in New Zealand?
The level of competition is high and increasing in the Travel Agency and Tour Arrangement Services industry in New Zealand.
Related Industries
Widen your competitive advantage with related industries
Competitors
- Scenic and Sightseeing Transport in New Zealand
Complementors
- Airport Operations in New Zealand
- Airlines in New Zealand
- Tourism in New Zealand
International industries
- Global Travel Agency Services
- Travel Agencies in the US
- Tour Operators in the US
- Travel Agencies in Canada
- Tour Operators in Canada
View all industries in New Zealand
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in New Zealand include:
- Statistics New Zealand
- New Zealand Company Register
- Ministry of Business, Innovation & Employment
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
